Baku, February 13, AZERTAC
“The South Caucasus Pipeline Company (SCPC) shareholders are: bp (29.99%), SGC (21.02%), LUKOIL (19.99%), TPAO (19.00%) and NICO (10.00%),” bp Azerbaijan said.
“In 2024, the South Caucasus Pipeline Company (SCPC) spent around $81 million in operating expenditure and $20 million in capital expenditure in total, bp Azerbaijan told AZERTAC.
The SCP has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan, Georgia and Türkiye. The expanded section of the pipeline commenced commercial deliveries to Türkiye in June 2018 and to Europe in December 2020.
During the year, the daily average export throughput of the SCP was 62.8 million cubic metres of gas per day,” the company added.